Finally, a way to short BTC!

dualogy · on July 3, 2013

But how would you hedge your shorts?

dnautics · on July 3, 2013

by placing a corresponding bid on mtgox and paying back your friend in bitcoin. It's kind of a dick thing to do to your friend, though, I suppose.

BrainInAJar · on July 3, 2013

Dick thing or no, it's just business.

JoachimSchipper · on July 4, 2013

Most ideas containing the word "friend" are not "just business".

BrainInAJar · on July 4, 2013

Most things containing "money" are. Don't mix business & friendship or you'll lose both. That includes "lending" BTC.

dnautics · on July 4, 2013

>Most things containing "money" are.

So, donations to charity, "business" or no? For the donor. Obviously for the charity, it is.

>Don't mix business & friendship or you'll lose both

I started a 501(c)(3)-pending nonprofit. My board members are my friends, because I know that they are morally upright, mindful, and therefore will act as a reliable second pair of eyes to keep me from doing something illegal, immoral, or both. For now, it seems like having my friends help me out with this business has strengthened our friendships.